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6 November 18:52

UniCredit announced improved profit estimates for 2024 and plans to redistribute 50% of net profit to investors from 2025.

Delia Niculescu

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International

foto:Budrul Chukrut / Zuma Press / Profimedia

Italian banking group UniCredit upgraded its profit estimates for 2024 and also announced that from 2025 it will start paying out half of its net profit in cash to investors, after reporting a better-than-expected net profit in the third quarter. UniCredit said it posted a net profit of EUR2.51 billion in the July-September 2024 period, above analysts' estimates that had been betting on a net profit of EUR2.27 billion.

Sources

UniCredit a îmbunătățit estimările de profit și dividende după rezultatele solide din trimestrul trei

UniCredit, profit net de 269 de milioane de euro în România

UniCredit a îmbunătăţit estimările de profit şi dividende după rezultatele solide din trimestrul trei - Economica.net

Financial Intelligence

UniCredit a îmbunătăţit estimările de profit şi dividende după rezultatele solide din trimestrul trei

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